LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LONDON WALLET
  • Home
  • Investing
  • Business Finance
  • Markets
  • Industries
  • Opinion
  • UK
  • Real Estate
  • Crypto
No Result
View All Result
LondonWallet
No Result
View All Result

Warning labels in the U.S. seem to be everywhere. Here’s why they may be pointless

Robert Frost by Robert Frost
July 23, 2023
in Industries
Warning labels in the U.S. seem to be everywhere. Here’s why they may be pointless
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

[ad_1]

You might also like

Sends shares Q1 2026 business update and product progress

BP flags ‘exceptional’ oil trading performance as Iran war chokes supply

Why the economy could be spared 2022-style inflation despite high oil prices

Warning labels are designed to inform consumers about potential risks of using a product, but they have become too prevalent to be beneficial.

“Warning labels really were fairly rare until the 1960s,” said W. Kip Viscusi, a distinguished professor of law, economics, and management at Vanderbilt University. “Beginning in the mid-1960’s, cigarettes started to have a warning label. Since that time, other products have followed suit, trying to emulate the cigarette experience.”

Warning labels generally come in two forms: those that warn the consumer against buying the product, such as a cigarette box label that says, “This product can cause mouth cancer,” and those that warn about the risks associated with incorrect use of a product and may say, “To prevent this furniture from tipping over, it must be permanently fixed to the wall.”

One of the problems researchers have pointed out is people are desensitized to warning labels because they seem to be everywhere.

“One of my main complaints about warnings is that they’ve become ubiquitous,” Viscusi said. “There’s a tendency to say things are risky [and] slap a warning on it, and that tends to dilute the impact of the other warnings that are out there. So if everything in the supermarket is labeled as dangerous, you don’t know what to buy.”

Viscusi has developed two criteria for effective warning labels: 1) they must provide new information to consumers, and 2) the consumer must find the information credible.

“When companies are making statements against their financial interest, that would tend to be credible,” Viscusi said.

There has been pushback against putting warning labels on certain products. In December 2022, a federal judge ruled that the U.S. Food and Drug Administration cannot require tobacco companies to put graphic warning labels on cigarettes.

When it comes to making sure people are using products safely, consumer protection advocates say warning labels should be a last resort.

“In general, warning labels by themselves [are] just not effective,” said Oriene Shin, policy counsel at Consumer Reports. “They really need to be coupled with safe design.”

That’s where the safety hierarchy of product design comes in. This is a multistep process meant to eliminate risk to the consumer, and when that’s not possible, minimize it through safeguards.

An example of a safeguard, Shin says, would be requiring a potentially dangerous product such as a lawnmower to only start if the user pulls a lever and presses a button, rather than only requiring one of those procedures.

The last tier of the safety hierarchy is a warning label.

“I have probably seen hundreds of warning labels in the last week, and we probably don’t remember any of them,” Shin said. “And that’s the problem with just relying on warning labels. [They’re] the icing on the cake rather than the end all be all.”

Watch the video above to learn more about why warning labels aren’t working and what we can do about it.

[ad_2]

Source link

Share30Tweet19
Previous Post

The wildfires in Rhodes looks ‘like the end of the world’ and ‘something out of a movie’ as Brits escape – London Business News | London Wallet

Next Post

Holidays and flights to Greek island ravaged by fire cancelled

Robert Frost

Robert Frost

Recommended For You

Sends shares Q1 2026 business update and product progress
Industries

Sends shares Q1 2026 business update and product progress

April 14, 2026
BP flags ‘exceptional’ oil trading performance as Iran war chokes supply
Industries

BP flags ‘exceptional’ oil trading performance as Iran war chokes supply

April 14, 2026
Why the economy could be spared 2022-style inflation despite high oil prices
Industries

Why the economy could be spared 2022-style inflation despite high oil prices

April 14, 2026
Europe cheers Orbán defeat as a bloody nose for the Kremlin – but Hungary’s future remains contested
Industries

Europe cheers Orbán defeat as a bloody nose for the Kremlin – but Hungary’s future remains contested

April 13, 2026
Next Post
Holidays and flights to Greek island ravaged by fire cancelled

Holidays and flights to Greek island ravaged by fire cancelled

Related News

Sadiq Khan warns London faces ‘a wave of repossessions’ unless the government acts

Sadiq Khan warns London faces ‘a wave of repossessions’ unless the government acts

June 22, 2023
Regional REIT dubs 2023 ‘one of most challenging years for REITs in memory’

Regional REIT dubs 2023 ‘one of most challenging years for REITs in memory’

February 2, 2024
FBI warns of phishing scams and social media account hijackers

FBI warns of phishing scams and social media account hijackers

August 6, 2023

Browse by Category

  • Business Finance
  • Crypto
  • Industries
  • Investing
  • Markets
  • Opinion
  • Real Estate
  • UK

London Wallet

Read latest news about finance, business and investing

  • Contact
  • Privacy Policy
  • Terms & Conditions

© 2025 London Wallet - All Rights Reserved!

No Result
View All Result
  • Checkout
  • Contact
  • Home
  • Login/Register
  • My account
  • Privacy Policy
  • Terms and Conditions

© 2025 London Wallet - All Rights Reserved!

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?